Calendar Year

2011 in US Banking

1,213 bank events are on record for 2011: 92 failures, 547 mergers or acquisitions involving a bank, credit union or bank holding company, and 574 enforcement actions.

92

Failures

$34.92B in failed assets

547

Mergers

Federal Reserve NIC, banking organizations

574

Enforcement

OCC, FDIC, FRB, OTS and SEC 8-K filings

Jump to: Bank failures 2011 · Bank mergers 2011

How many banks failed in 2011?

92 banks failed in 2011, with $34.92B in assets. Each failure below links to its own page.

Date	Bank	HQ	Assets	Acquirer or resolution
May 20, 2011	First Georgia Banking Company	Franklin, GA	$731.0M	Certus Bank, N.A.
May 20, 2011	Summit Bank	Burlington, WA	$142.7M	Columbia State Bank
May 6, 2011	Coastal Bank	Cocoa Beach, FL	$129.4M	Premier American Bank, N.A.
Apr 29, 2011	The Park Avenue Bank	Valdosta, GA	$849.4M	Bank of the Ozarks
Apr 29, 2011	Community Central Bank	Mount Clemens, MI	$451.7M	Talmer Bank and Trust
Apr 29, 2011	First National Bank of Central Florida	Winter Park, FL	$342.1M	Premier American Bank, N.A.
Apr 29, 2011	First Choice Community Bank	Dallas, GA	$291.2M	Bank of the Ozarks
Apr 29, 2011	Cortez Community Bank	Brooksville, FL	$66.3M	Premier American Bank, N.A.
Apr 15, 2011	Superior Bank	Birmingham, AL	$2.98B	Superior Bank, N.A.
Apr 15, 2011	Nexity Bank	Birmingham, AL	$757.6M	Alostar Bank of Commerce
Apr 15, 2011	Bartow County Bank	Cartersville, GA	$314.0M	Hamilton State Bank
Apr 15, 2011	Heritage Banking Group	Carthage, MS	$228.3M	Trustmark National Bank
Apr 15, 2011	New Horizons Bank	East Ellijay, GA	$103.1M	Citizens South Bank
Apr 15, 2011	Rosemount National Bank	Rosemount, MN	$21.5M	Central Bank
Apr 8, 2011	Western Springs National Bank and Trust	Western Springs, IL	$186.7M	Heartland Bank and Trust Company
Apr 8, 2011	Nevada Commerce Bank	Las Vegas, NV	$135.1M	City National Bank
Mar 25, 2011	The Bank of Commerce	Wood Dale, IL	$163.1M	Advantage National Bank
Mar 11, 2011	Legacy Bank	Milwaukee, WI	$190.4M	Seaway Bank and Trust Company
Mar 11, 2011	The First National Bank of Davis	Davis, OK	$90.2M	The Pauls Valley Natiional Bank
Feb 25, 2011	Valley Community Bank	St. Charles, IL	$123.8M	First State Bank
Feb 18, 2011	Habersham Bank	Clarkesville, GA	$387.7M	SCBT N.A.
Feb 18, 2011	San Luis Trust Bank, FSB	San Luis Obispo, CA	$332.6M	First California Bank
Feb 18, 2011	Citizens Bank of Effingham	Springfield, GA	$214.3M	Heritage Bank of the South
Feb 18, 2011	Charter Oak Bank	Napa, CA	$120.8M	Bank of Marin
Feb 11, 2011	Peoples State Bank	Hamtramck, MI	$390.5M	First Michigan Bank
Feb 11, 2011	Canyon National Bank	Palm Springs, CA	$210.9M	Pacific Premier Bank
Feb 11, 2011	Sunshine State Community Bank	Port Orange, FL	$125.5M	Premier American Bank, N.A.
Feb 11, 2011	Badger State Bank	Cassville, WI	$83.8M	Royal Bank
Feb 4, 2011	American Trust Bank	Roswell, GA	$238.2M	Renasant Bank
Feb 4, 2011	North Georgia Bank	Watkinsville, GA	$153.2M	Banksouth
Feb 4, 2011	Community First Bank - Chicago	Chicago, IL	$51.1M	Northbrook Bank and Trust Company
Jan 28, 2011	First Community Bank	Taos, NM	$2.19B	U.S. Bank, N.A.
Jan 28, 2011	Firstier Bank	Louisville, CO	$764.1M	—
Jan 28, 2011	Evergreen State Bank	Stoughton, WI	$240.9M	McFarland State Bank
Jan 28, 2011	The First State Bank	Camargo, OK	$44.5M	Bank 7
Jan 21, 2011	United Western Bank	Denver, CO	$2.15B	First-Citizens Bank and Trust Company
Jan 21, 2011	Communitysouth Bank and Trust	Easley, SC	$341.0M	Certus Bank, N.A.
Jan 21, 2011	The Bank of Asheville	Asheville, NC	$204.9M	First Bank
Jan 21, 2011	Enterprise Banking Company	McDonough, GA	$99.5M	—
Jan 14, 2011	Oglethorpe Bank	Brunswick, GA	$211.1M	Bank of the Ozarks
Jan 7, 2011	First Commercial Bank of Florida	Orlando, FL	$578.6M	First Southern Bank
Jan 7, 2011	Legacy Bank	Scottsdale, AZ	$136.4M	Enterprise Bank & Trust

Which banks merged in 2011?

547 mergers or acquisitions involving a bank, credit union or bank holding company are on record for 2011.

See the fuller list: Bank mergers 2011 with largest deals and credit union mergers ›

Date	Acquired	St	Acquirer
May 16, 2011	Wilmington Trust Corporation	DE	Wilmington Trust Corporation
May 13, 2011	Texas First Bank	TX	Texas First Bank
May 7, 2011	Union National Community Bank	PA	Union Community Bank
May 7, 2011	Union National Financial Corporation the	PA	Donegal Financial Services Corp.
May 6, 2011	Wachovia Mortgage Corporation	NC	Wells Fargo Bank, N.A.
May 4, 2011	The First National Bank of Friend	NE	Citizens State Bank
May 2, 2011	Gea Federal Credit Union	LA	Neighbors Federal Credit Union
May 2, 2011	Public Library Employees Credit Union, Inc.	OH	Community United Credit Union
May 1, 2011	South Dekalb Church Federal Credit Union	GA	Peach State Federal Credit Union
May 1, 2011	Chase Home Finance LLC	NJ	JPMorgan Chase Bank, N.A.
May 1, 2011	Chase Home Finance Inc.	NJ	JPMorgan Chase Bank, N.A.
May 1, 2011	Capital One National Community Development Corporation	NY	Capital One, N.A.
May 1, 2011	Woodforest Bank	TX	Woodforest National Bank
May 1, 2011	Shores Area Credit Union	MI	Unity Credit Union
May 1, 2011	Elk Basin Federal Credit Union	WY	Pathfinder Federal Credit Union
May 1, 2011	Tulsa Metro Federal Credit Union	OK	Fraternal Order of Police Federal Credit Union
May 1, 2011	University Credit Union	MA	Metro Credit Union
May 1, 2011	Scottsbluff Federal Credit Union	NE	Sugar Valley Federal Credit Union
May 1, 2011	Alabama West Florida Methodist Federal Credit Union	AL	Faith Connection Federal Credit Union
May 1, 2011	The-Mac Federal Credit Union	WV	Pioneer Appalachia Federal Credit Union
May 1, 2011	State Employees Credit Union	GA	Georgia United Credit Union
Apr 30, 2011	Mount Hood Federal Credit Union	OR	Peak Credit Union
Apr 30, 2011	Sauk County Employees Credit Union	WI	Summit Credit Union
Apr 30, 2011	TIB Bank	FL	Capital Bank Corporation
Apr 30, 2011	Menasha Corporation Employees Credit Union	WI	Community First Credit Union
Apr 30, 2011	Cottrell Federal Credit Union	RI	Wave Federal Credit Union
Apr 25, 2011	City National Bancshares, Inc.	FL	Bci Financial Group, Inc.
Apr 22, 2011	Short Holding Company	KY	First Prestonsburg Bancshares, Inc.
Apr 22, 2011	Family Bank FSB	KY	The First Commonwealth Bank of Prestonsburg, Inc.
Apr 16, 2011	NewAlliance Bank	CT	First Niagara Bank, N.A.
Apr 16, 2011	Newalliance Bancshares, Inc.	CT	First Niagara Financial Group, Inc.
Apr 15, 2011	Ixe Grupo Financiero, S.A.B. De C.V.	—	Grupo Financiero Banorte, S.A.B. De C.V.
Apr 9, 2011	Traders Bank	WV	Premier Bank, Inc.
Apr 9, 2011	Fort Orange Financial Corp.	NY	Chemung Financial Corporation
Apr 9, 2011	First Central Bank, Inc.	WV	Premier Bank, Inc.
Apr 9, 2011	Capital Bank & Trust Company	NY	Chemung Canal Trust Company, N.A.
Apr 9, 2011	The Wilber Corporation	NY	Community Financial System, Inc.
Apr 9, 2011	First Security Bank - Lake Benton	MN	First Security Bank - Canby
Apr 9, 2011	Wilber National Bank	NY	Community Bank, N.A.
Apr 9, 2011	Adams National Bank	DC	Premier Bank, Inc.
Apr 9, 2011	Consolidated Bank and Trust Company	VA	Premier Bank, Inc.
Apr 8, 2011	North Tonawanda Community Federal Credit Union	NY	Greater Together Federal Credit Union
Apr 6, 2011	The Home Builders Association	OH	Southern Hills Community Bank
Apr 5, 2011	Mid-America Bancorp, Inc.	KS	Mercantile Bancorp, Inc.
Apr 1, 2011	Nantahala Bancshares, Inc.	NC	Nantahala Bank & Trust Company
Apr 1, 2011	Maryland Bankcorp, Inc.	MD	Old Line Bancshares, Inc.
Apr 1, 2011	Capital One Auto Finance, Inc.	TX	Capital One, N.A.
Apr 1, 2011	Rome Bancorp, Inc.	NY	Beacon Financial Corporation
Apr 1, 2011	Citizens Bankshares of Springhill, Inc.	LA	Bonvenu Bancorp, Inc.
Apr 1, 2011	West Haven Va Employees Federal Credit Union	CT	Greater West Haven Federal Credit Union

The list holds 500 of the 547 mergers recorded for 2011.

Enforcement Actions in 2011

Action date	Agency	Institution	Action
Aug 18, 2011	OCC	Lydian Private Bank	Prompt Corrective Action (PCA) Directive: Lydian Private Bank
Aug 17, 2011 Released Aug 25, 2011	FRB	Texas Bancshares Inc	Written Agreement: Texas Bancshares, Inc., Snyder, Texas
Aug 16, 2011	FRB	Compass Bank	Section 19 Letters: Haley Patterson
Aug 16, 2011	FRB	Compass Bank	Section 19 Letters: Johnathan Goods
Aug 15, 2011	OCC	Beverly Bank & Trust Company, N.A.	Civil Money Penalty (CMP): O'Malley, Dennis
Aug 15, 2011	OCC	Colombo Bancshares, Inc.	Civil Money Penalty (CMP): Wilson, Pamellia G.
Aug 15, 2011	OCC	The La Coste National Bank	Prohibition/Removal Orders: Gwyn, Jody P.
Aug 15, 2011 Released Sep 1, 2011	FRB	Lindell Bank & Trust Company	Civil Money Penalty, $9,470: Lindell Bank and Trust Company, St. Louis, Missouri
Aug 15, 2011	OCC	Colombo Bancshares, Inc.	Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Wilson, Pamellia G.
Aug 11, 2011	OCC	The First National Bank of Kemp	Formal Agreement: The First National Bank of Kemp
Aug 10, 2011 Released Aug 16, 2011	FRB	Coastal Bankshares, Inc.	Written Agreement: Coastal Bankshares, Inc., Savannah, Georgia
Aug 9, 2011	OCC	Skyline National Bank	Formal Agreement: Grayson National Bank
Aug 8, 2011 Released Aug 11, 2011	FRB	Bank of the Eastern Shore	Prompt Corrective Action: Bank of the Eastern Shore, Cambridge, Maryland,
Aug 8, 2011	OCC	PiBank, N.A.	Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Intercredit Bank, National Association
Aug 4, 2011 Released Aug 11, 2011	FRB	Texas Coastal Bank	Written Agreement: Texas Coastal Bank, Pasadena, Texas
Aug 3, 2011 Released Aug 9, 2011	FRB	Mesaba Bancshares, Inc.	Written Agreement: Mesaba Bancshares, Inc., Grand Rapids, Minnesota
Aug 3, 2011	FRB	Compass Bank	Section 19 Letters: Shon Prejean
Aug 3, 2011	FRB	Regions Bank	Section 19 Letters: Paul Kevin King
Aug 1, 2011	OCC	NBT Bank, N.A.	Prohibition/Removal Orders: Mathein, Laura
Jul 27, 2011 Released Aug 2, 2011	FRB	Suburban Illinois Bancorp, Inc.	Written Agreement: Suburban Illinois Bancorp, Inc., Elmhurst, Illinois
Jul 26, 2011 Released Jul 27, 2011	FRB	The Royal Bank of Scotland, N.V.	Cease and Desist Order: The Royal Bank of Scotland Group plc, Edinburgh, Scotland; The …
Jul 26, 2011 Released Sep 21, 2017	FRB	The First Bank of Baldwin	Written Agreement: The First Bank of Baldwin, Baldwin, Wisconsin
Jul 25, 2011 Released Jul 28, 2011	FRB	Naples Bancorp, Inc.	Written Agreement: Naples Bancorp, Inc., Naples, Florida
Jul 25, 2011 Released Jul 28, 2011	FRB	Plumas Bancorp	Written Agreement: Plumas Bancorp, Quincy, California
Jul 22, 2011 Released Jul 28, 2011	FRB	Old Second Bancorp, Inc.	Written Agreement: Old Second Bancorp, Inc., Aurora, Illinois
Jul 22, 2011 Released Jul 28, 2011	FRB	Bankwest Financial, Inc.	Written Agreement: BANKWEST Financial, Inc., Rockford, Minnesota
Jul 20, 2011	FRB	Wells Fargo & Company	Cease and Desist Order: Wells Fargo & Company, San Francisco, California and Wells Fargo …
Jul 20, 2011	FRB	(individual)	Civil Money Penalty,$85,000,000: Wells Fargo & Company, San Francisco, California Wells Fargo Financial, Inc., …
Jul 20, 2011	OCC	Fidelity Bank	Formal Agreement: Fidelity National Bank
Jul 18, 2011	OCC	Wells Fargo Bank, N.A.	Prohibition/Removal Orders: McCrea, Andrea
Jul 18, 2011	OCC_OTS	Frontier Bank	Amended Orders to Cease and Desist: Frontier Bank
Jul 18, 2011	OCC	Northern Trust, National Association	Prohibition/Removal Orders: Nieto, Silvia Angelico
Jul 18, 2011	OCC	Frontier Bank	Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Frontier Bank
Jul 15, 2011 Released Jul 21, 2011	FRB	West Pointe Bancshares, Inc.	Written Agreement: West Pointe Bancshares, Inc., Oshkosh, Wisconsin
Jul 15, 2011	OCC	MetaBank	Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Metabank
Jul 15, 2011	OCC_OTS	Columbia Savings and Loan Association	Cease and Desist: Columbia Savings and Loan Association
Jul 15, 2011	OCC_OTS	(individual)	Cease and Desist: Meta Financial Group, Inc.
Jul 15, 2011	OCC_OTS	MetaBank	Cease and Desist: MetaBank
Jul 15, 2011	OCC_OTS	MetaBank	Civil Money Penalty: MetaBank
Jul 14, 2011	OCC	Liberty Bank, F.S.B.	Cease-and-Desist Order (C&D) or Personal Cease-and-Desist Order (PC&D): Liberty Bank, FSB
Jul 14, 2011 Released Aug 9, 2011	FRB	Reliance Bancshares, Inc.	Written Agreement: Reliance Bancshares, Inc., Des Peres, Missouri
Jul 14, 2011	OCC_OTS	Liberty Trust & Savings Bank	Cease and Desist: Liberty Bank, FSB
Jul 14, 2011	OCC_OTS	Liberty Banshares Iowa, Inc.	Cease and Desist: Liberty Banshares Iowa, Inc.
Jul 13, 2011	OCC_OTS	First Place Financial Corp.	Cease and Desist: First Place Bank
Jul 13, 2011	OCC_OTS	First Place Financial Corp.	Cease and Desist: First Place Financial Corp
Jul 13, 2011	OCC_OTS	State Farm Bank, FSB	Orders of Removal/Prohibition: Kortnie Thomas
Jul 12, 2011 Released Jul 19, 2011	FRB	Jones Bancshares, L.P.	Written Agreement: Jones Bancshares, L.P. and PrimeSouth Bancshares, Inc., both of Waycross, Georgia
Jul 11, 2011	OCC_OTS	Gibraltar Bank	Termination of Supervisory Agreement: Gibraltar Bank
Jul 7, 2011 Released Jul 12, 2011	FRB	Greer Bancshares Incorporated	Written Agreement: Greer Bancshares Incorporated, Greer, South Carolina
Jul 7, 2011 Released Jul 14, 2011	FRB	First Sentinel Bank	Civil Money Penalty, $7,315: First Sentinel Bank, Richlands, Virginia

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